Learn how to buy a retirement home and what you need to buy a home after retirement. Buying a house as you near retirement age can have a lasting impact on your retirement finances Here is what you should consider before buying. But, in retirement especially, you don’t want to take on more debt than necessary, since the cost of a mortgage is fixed, but the returns on your investments, the housing market and your health. While you can use retirement funds from a 401(k) or ira to purchase a home, it might not be a smart financial move. Explore flexible home financing options for baby boomers and retirees — including reverse mortgages, home equity solutions, and down payment assistance — tailored to support your lifestyle and financial goals in retirement.
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